The Role Commercial Buildings Play To The Growth And Development Of A City
Commercial developments refer to physical structures created so as to foster economic exchange. Over time, the growth of cities has led to economic expansion. Population explosion has also contributed to this growth. People have normally been attracted to city environments since they are places of better opportunity. Cities normally offer people with employment so that they can be able to lead better lives. Cities which lag behind in development usually find it hard to support an ever growing human population. There are different types of commercial developments today.
Normally, commercial establishments foster an environment conducive for trade. With many industries in existence today, these are environments where people go to make money. In cities, no one is barred from earning a living.
Since commercial buildings attract people to trade, they foster social interactions amongst people with diverse backgrounds. Being centers of economic opportunity, people of diverse cultures come together so that they can make money and in the process, they end up interacting and cultural transfers result.
In addition, commercial developments play a vital role in the growth and expansion of already existing cities. Since they offer people with jobs and formal employment, people migrate from the countryside and come to live in these cities. This continuous immigration patterns ensures that cities never fall short of both skilled and unskilled labor. With increased output, factories are able to expand and this also helps a city grow. In addition, the people who are employed in these factories are able to open up their personal businesses, a factor that also helps in the growth and expansion of a city.
Commercial developments also help transform the general architecture of cities. Usually, financially stable individuals choose to set up commercial buildings in cities. Normally, these buildings are constructed using the latest architectural and engineering designs. As more of these structures are set up, the general city landscape changes. Hence, commercial developments aid old cities keep up with new trends.
All over the world, land is a much needed but scarce resource. Increased demand and limited supply causes land prices to escalate. In highly developed cities, acquiring a parcel of land can be a nightmare due to the extravagant costs involved. This is due to the fact that cities are products of highly commercialized spaces. Therefore, commercial zones that have been heavily built generally increase the economic value of a city due to the fact that they have better facilities and amenities.
Hence, cities cannot grow or expand without the presence of commercial developments. For this reason, people should endeavor to ensure that more of these facilities are set up so as to sustain these environments of greater opportunity.